Economy & Development
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Russia, China’s Dollar-Free Trade; Practical Model for Afghanistan
DIDPress: Russia and China are presenting a new model of trade by increasing the use of their national currencies in commercial exchanges, moving away from reliance on the US dollar. The Taliban government is also engaged in advanced negotiations with…
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Water War in South Asia; Pakistan Labels India’s Threat as “Irrational”
DIDPress: Following recent remarks by the Indian Prime Minister regarding the possible suspension of Pakistan’s access to shared water resources, Pakistan’s military spokesperson, Ahmad Sharif Chaudhry, labeled the threat as “irrational.” Cutting off water to Pakistan’s 240 million population is…
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China Backs up Improved Relations Between Kabul-Islamabad
DIDPress: China supports improvement of relations between Afghanistan and Pakistan through dialogue and economic development, announced Chinese Foreign Ministry. The Chinese Ministry of Foreign Affairs vowed Beijing is ready to play an active role in improving relations between Kabul and…
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CPEC Expansion to Afghanistan Gains Momentum Following Beijing Talks
DIDPress: Foreign ministers from China, Pakistan, and the Afghan interim government gathered in a trilateral meeting in Beijing to discuss regional security, enhancing economic cooperation, and expanding the China-Pakistan Economic Corridor (CPEC) into Afghanistan. In a statement released by Pakistan’s…
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Afghanistan Lacks Infrastructure to Support Millions of Migrants, Warns UN
DIDPress: The United Nations High Commissioner for Refugees (UNHCR) released a concerning report, saying that Afghanistan is not adequately prepared to handle the massive wave of returnees being sent back from neighboring countries. According to the report, nearly 3 million…
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Afghanistan Mandates Use of Locally Produced Medicines
DIDPress: All government institutions in Afghanistan are now required to use domestically produced medicines, announced the Taliban government. Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, said “the use of high-quality local medicines in government agencies has been made…
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Trump’s Tariffs Hurting Americans
Tim Brinkhof writes for the Daily Bast that Donald Trump’s irrational trade wars have rattled the stock market, discouraged foreign investment, weakened the U.S. dollar, and cooled down global trade and diplomatic relations
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China Increases Gold Reserves for Sixth Consecutive Month
China has increased its gold reserves for the sixth consecutive month. This move comes as global gold prices approach their highest levels and trade tensions between China and the United States persist. The increase in China’s gold reserves could indicate…
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$50 Million Investment for Vehicle Production Line in Afghanistan
The Ministry of Industry and Commerce of the caretaker government announced that the Chinese automaker Dongfeng Eddy Motors expressed its interest in investing $50 million to establish a vehicle production line during a meeting with Mawlawi Ahmadullah Zahed, the deputy…
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Taliban’s Ministry of Industry and Commerce Pledges to Create 550,000 Jobs
DIDPress: Nuruddin Azizi, the Taliban’s acting Minister of Industry and Commerce, announced the ministry’s commitment to creating 550,000 job opportunities in Afghanistan. The statement came after a meeting with Mawlawi Mohammad Zahid Ahmadzai, Deputy Minister of Labor and Social Affairs.…
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